SILK to DZD Converter and calculator


Conversion rates
Convert SILK to DZD
Convert DZD to SILK
SILK to DZD chart
SILK to DZD conversion data: Volatility and price changes of SILK in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 1.37 DZD | 2.03 DZD | 2.92 DZD | 2.94 DZD |
Low | 1.37 DZD | 1.37 DZD | 0.7699 DZD | 0.7699 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +0.01% | -32.61% | -53.15% | -53.50% |
SILK information
SILK to DZD market statistics
Current SILK to DZD exchange rate
SILK to Algerian Dinar is falling this week.More info about SILK on Bitget
Algerian Dinar information
About Algerian Dinar (DZD)
The Algerian Dinar (DZD), the official currency of Algeria, embodies the country's rich history, cultural heritage, and economic aspirations. It is commonly abbreviated as DZD and represented by the symbol د.ج. Introduced in 1964, two years after Algeria's independence from France, the Dinar is more than just a medium of exchange. It represents Algeria’s journey through post-colonial recovery, socialist policies, and gradual economic liberalization.
Historical Background
The transition to the Algerian Dinar from the Algerian Franc symbolized a significant break from the colonial past and a step towards economic sovereignty. This change was part of a broader movement to assert national identity and foster economic independence in the newly liberated nation.
Design and Symbolism
The design of the Algerian Dinar reflects the country’s historical and cultural legacy. Banknotes and coins feature prominent figures from Algeria’s past, including ancient heroes and modern leaders. They also showcase landmarks, like the Maqam Echahid monument, and natural wonders, symbolizing Algeria's diverse landscapes from the Mediterranean coast to the Sahara desert. These elements are not just decorative; they are powerful symbols of Algeria’s identity and pride.
Economic Role
The Dinar is central to Algeria’s economy, characterized by its significant oil and gas reserves. The currency facilitates trade in these key sectors, as well as in agriculture, manufacturing, and services. The value and stability of the Dinar are crucial for economic growth, affecting everything from government revenue to the cost of imports.
Monetary Policy and Inflation
Managed by the Bank of Algeria, the country’s central bank, the Dinar’s value is influenced by monetary policies, global oil prices, and foreign exchange reserves. The bank faces the challenge of controlling inflation while maintaining sufficient foreign exchange reserves, critical in an economy heavily reliant on hydrocarbon exports.
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SILK to DZD Conversion tables
Amount | 08:01 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SILK | د.ج0.6847 | د.ج0.6846 | +0.01% |
1 SILK | د.ج1.37 | د.ج1.37 | +0.01% |
5 SILK | د.ج6.85 | د.ج6.85 | +0.01% |
10 SILK | د.ج13.69 | د.ج13.69 | +0.01% |
50 SILK | د.ج68.47 | د.ج68.46 | +0.01% |
100 SILK | د.ج136.93 | د.ج136.93 | +0.01% |
500 SILK | د.ج684.67 | د.ج684.63 | +0.01% |
1000 SILK | د.ج1,369.34 | د.ج1,369.25 | +0.01% |
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